EASTERN SHENGHONG(SZ:000301)2025-01-24 10:15Financial Performance Expectations - The company expects a net loss of between 2,000 million yuan and 2,400 million yuan for the year 2024, a decline of 378.93% to 434.71% compared to a profit of 717.03 million yuan in 2023[5][6] - The projected net loss after deducting non-recurring gains and losses is between 2,345 million yuan and 2,745 million yuan, representing a decline of 1,180.18% to 1,364.43% compared to a profit of 217.09 million yuan in 2023[6] - Basic earnings per share are expected to be a loss of between 0.3025 yuan and 0.3630 yuan, compared to earnings of 0.11 yuan per share in 2023[6] Operational Insights - The company's integrated refining and chemical project is expected to operate at a capacity of 16 million tons per year, with stable operations across various business segments[8] - The decline in performance is attributed to multiple factors, including fluctuations in international crude oil prices and weak downstream demand in the petrochemical industry, leading to narrowed market price differentials for some products[8] Financial Reporting and Auditing - The financial data in the earnings forecast has not been audited by registered accountants, and the company has had preliminary discussions with the auditing firm without major disagreements[7] - The earnings forecast is a preliminary estimate by the company's finance department, with final figures to be disclosed in the 2024 annual report[9] Investor Guidance - Investors are advised to invest rationally and be aware of risks associated with the company's performance[9] - The earnings forecast period is from January 1, 2024, to December 31, 2024[4] - The company emphasizes the importance of accurate and complete information disclosure in its announcements[3]